Global commodities powerhouse Trafigura has taken a strategic equity stake in a well-known vessel optimisation brand, ZeroNorth.
The new partnership will see ZeroNorth’s platform deployed across Trafigura’s controlled fleet of over 350 vessels, including its voyage optimisation systems, emissions analytics and vessel reporting tools. While financial terms of the transaction were not disclosed, the deal positions Trafigura among a select group of strategic shareholders in the Copenhagen-based tech firm—a group that already includes Maersk Tankers, Cargill, and private equity firm PSG Equity.
Trafigura said the implementation of ZeroNorth’s solutions is expected to deliver reductions in both fuel consumption and carbon emissions across its chartered fleet. As part of the agreement, Trafigura will also join ZeroNorth’s group of strategic partners, contribute practical industry insights to product development and play an active role in shaping the company’s long-term direction.
Andrea Olivi, global head of shipping at Trafigura, commented: “This partnership marks an important step in Trafigura’s commitment to improving efficiency and sustainability across its maritime operations. The ZeroNorth platform will help us optimise fleet performance through enhanced monitoring of fuel and emissions while improving data collection and quality. It will also strengthen our relationships with vessel owners through more effective communication and information sharing.”
ZeroNorth was originally spun off from Maersk Tankers in 2020 and has rapidly grown its user base across the global shipping sector, positioning itself as one of the leaders in digital vessel performance optimisation. Søren Meyer, CEO at the company, added that Trafigura’s insight, scale, and ambition will be “invaluable” to ZeroNorth’s strategic direction and will help accelerate the impact of its platform across the industry.
